Corporate compliance officers—those hard-working, well-intentioned executives who worry about obeying the law and acting ethically—have had some good news recently. There are definite signs of progress on several levels. But some very high-profile failures, most notably the scandal at General Motors involving faulty ignition switches, make the rest of us wonder whether progress is really being made. The answer, I think, is, “Yes, but…” There are signs of improvement, but there’s still a long way to go.
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